How much money can you make and how long will it take for a beginner?

Amina El Mehdi

Corporal
Messages
93
Difficulty depends upon how you analyse your actions. I never mean to say that profit making is easy... It is something which can be achieved if you are determined to learn from all your mistakes... Definitely it takes time understand how to manage capital, how much to invest, on what instrument to trade, which strategy to use etc... And that's what I mean by a "calculative approach" in my comment.
Now that sounds more clear.
 

Gromvelt

Private, 1st Class
Messages
40
The amount of profit depends on the exact person we are talking about.
Traders use different strategies while trading on forex. Some people prefer safety to high profits, but there are also very agressive traders who use high leverages which brings big risks.
The main thing, from my point of view, is to know what you are doing, to have realistic expectations of the deals you make and calculate the risks.
Again it is hard to say how much time someone needs to understand trading and himself, but the more efforts and time you devote to trading, the better you trade and the higher profits you get.
 

ele020

Sergeant
Messages
169
The amount of profit depends on the exact person we are talking about.
Traders use different strategies while trading on forex. Some people prefer safety to high profits, but there are also very agressive traders who use high leverages which brings big risks.
The main thing, from my point of view, is to know what you are doing, to have realistic expectations of the deals you make and calculate the risks.
Again it is hard to say how much time someone needs to understand trading and himself, but the more efforts and time you devote to trading, the better you trade and the higher profits you get.
This is an excellent break down of strategies, risk, leverages, and how they work together to make successful trades.
 
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